{"id":270167,"date":"2019-04-22T06:05:34","date_gmt":"2019-04-22T06:05:34","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=270167"},"modified":"2019-04-22T06:05:34","modified_gmt":"2019-04-22T06:05:34","slug":"whats-ailing-the-indian-aviation-industry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/whats-ailing-the-indian-aviation-industry\/","title":{"rendered":"What&#8217;s ailing the Indian aviation industry?"},"content":{"rendered":"<p>High costs and low yields. Implosion of the country\u2019s second largest airline. Persistent technical issues plaguing two of the most popular passenger aircraft models flown by India\u2019s airlines. Together, these factors have now plunged India\u2019s aviation industry to its most precarious phase in the last five years or so. <\/p>\n<p>Santosh Hiredesai of SBI Capital Markets summed up the situation in a recent note, characterising FY19 as a \u201cyear of sharp U-turns\u201d for India\u2019s aviation industry \u2014 from record profit in FY18 to mega losses, resulting in dire need of recapitalisation. The most visible event was the temporary suspension of operations by Jet AirwaysNSE -12.44 %, once India\u2019s biggest airline by passengers and for many years the second largest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>High costs and low yields. Implosion of the country\u2019s second largest airline. Persistent technical issues plaguing two of the most popular passenger aircraft models flown by India\u2019s airlines. Together, these factors have now plunged India\u2019s aviation industry to its most precarious phase in the last five years or so. Santosh Hiredesai of SBI Capital Markets summed up the situation in a recent note, characterising FY19 as a \u201cyear of sharp U-turns\u201d for India\u2019s aviation industry \u2014 from record profit in FY18 to mega losses, resulting in dire need of recapitalisation. The most visible event was the temporary suspension of operations [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-270167","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=270167"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/270167\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=270167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=270167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=270167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}